Wellington Street, Ipswich, IP1

Street Guide For Wellington Street, Ipswich, IP1

 

Wellington Street, Ipswich, IP1 Map

Estimated Price: £132,665
Average Asking Price: £202,251
Price change in last one year: £8,220
Average Price Paid: £111,250
Average Rent Rates: £712

 

Property Prices Breakdown in Wellington Street, Ipswich, IP1

Average Price for property in Wellington Street, Ipswich, IP1 is around £132,665 which varies based on type of property you are interested in and ranges from £195,528 for detached house to around £125,465 for terraced house. Similarly flat is around £91,403. Values have been changing and have risen £251 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £381 in last 6 months, £8,220 in last 1 year, £14,509 in last 2 years, £15,338 in last 3 years, £18,969 in last 4 years and £16,904 in last 5 years.

Currently average asking price of a property in Wellington Street, Ipswich, IP1 is around £202,251 based on approximately 1 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £712 per month.

Estimated property value in Wellington Street, Ipswich, IP1 is £132,665. Average asking price is £202,251 while average price paid is £80,000 which is up by £8,220 and Avg. asking rent £712.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Wellington Street, Ipswich, IP1 area. In last 1 year alone average price buyer paid is around £80,000 based on approximately 1 sales in Wellington Street, Ipswich, IP1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £111,250. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £111,250 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £111,250 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £100,983, £138,314 for a 2 bedroom house, £177,061 for a 3 bedroom house, £369,684 for a 4 bedroom house and £335,490 for a 5 bedroom house. For a flat similarly the prices varies from £89,223 for a single bedroom to £129,337 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £425,000. To sum up the asking prices for properties in Wellington Street, Ipswich, IP1 it comes to around average £90,693 for 1 bedroom property, £133,902 for 2 bedroom, £180,654 for 3 bedroom, £369,684 for 4 bedroom and £335,490 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £383 for 1 bedroom to £571 for 2 bedroom, £668 for 3 bedroom and £947 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £452. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £681. You should be generally be expecting around average £445 rent per month for single bedroom property, £638 for 2 bedroom, £668 for 3 bedroom and approximately £947 for 4 bedroom property in Wellington Street, Ipswich, IP1 area.

Popular Houses in Wellington Street, Ipswich, IP1

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Wellington Street, Ipswich, IP1